Housing Economics
1st Edition
Published on 18. May 2011
Book
Hardback
1976 pages
978-1-84920-018-9 (ISBN)
Description
Housing Economics focuses upon contemporary developments and the cutting edge of research in the field, although some reference to classic studies is also made.
Part One: Understanding Housing Markets considers core topics in the microeconomics of housing markets, such as the determinants of housing demand, tenure choice and housing market search behaviour.
Part Two: Housing Finance looks at the mechanisms of financing housing consumption in terms of the regulation and reform of the mortgage market, issues of default and the subprime mortgage crisis, and the link between housing finance and the broader macroeconomy.
Part Three: House Price Dynamics and Methodological Questions encompasses two distinct topics. Firstly, it examines house price dynamics: in particular, it explores attempts to understand housing market bubbles. Secondly, it includes a selection of papers that reflect on how housing economists approach market analysis and illustrate the diversity of approaches deployed in the economic analysis of housing.
Part Four: Housing in Context recognizes that housing markets need to be understood in context and examines some of the many ways in which housing markets are connected with other aspects of society and the economy.
Part Five: Government and Policy considers the varying roles of government in the housing market: tax and subsidy; direct provision; and regulation.
Part One: Understanding Housing Markets considers core topics in the microeconomics of housing markets, such as the determinants of housing demand, tenure choice and housing market search behaviour.
Part Two: Housing Finance looks at the mechanisms of financing housing consumption in terms of the regulation and reform of the mortgage market, issues of default and the subprime mortgage crisis, and the link between housing finance and the broader macroeconomy.
Part Three: House Price Dynamics and Methodological Questions encompasses two distinct topics. Firstly, it examines house price dynamics: in particular, it explores attempts to understand housing market bubbles. Secondly, it includes a selection of papers that reflect on how housing economists approach market analysis and illustrate the diversity of approaches deployed in the economic analysis of housing.
Part Four: Housing in Context recognizes that housing markets need to be understood in context and examines some of the many ways in which housing markets are connected with other aspects of society and the economy.
Part Five: Government and Policy considers the varying roles of government in the housing market: tax and subsidy; direct provision; and regulation.
More details
Series
Edition
Five-Volume Set
Language
English
Place of publication
London
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 156 mm
Weight
3810 gr
ISBN-13
978-1-84920-018-9 (9781849200189)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Content
VOLUME 1: UNDERSTANDING HOUSING MARKETS
Discrete Choice Modeling Of Urban Housing Markets: A Critical Review and Application - Judith Yates and Daniel Mackay
Surprise and Housing Tenure Decisions in Great Britain - John Ermisch and Pamela Di Salvo
Housing Market Segmentation - Allen Goodman and Thomas Thibodeau
Structural Change in a Local Urban Housing Market - Chris Jones, Chris Leishman and Craig Watkins
Estimating Equilibrium Housing Demand for 'Stayers' - Allen Goodman
Urban Housing Markets: Theory and Policy - Christine Whitehead
Contracting With Costly Tenants - Franz Hubert
The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com - Igal Hendel, Aviv Nevo and Francois Ortalo-Magne
Loss Aversion and Seller Behaviour: Evidence from the Housing Market - David Genesove and Christopher Mayer
Mistake GBP37: The Effect of Previously Encountered Prices on Current Housing Demand - Uri Simonsohn and George Loewenstein
Markets and the Structure of the Housebuilding Industry: An International Perspective - Michael Ball
The Long-Run Price Elasticity of Supply of New Residential Construction in the United States and the United Kingdom - Stephen Malpezzi and Duncan Maclennan
Urban Growth and Housing Supply - Edward Glaeser, Joesph Gyourko and Raven Saks
VOLUME 2: HOUSING FINANCE
Asymmetries in Housing and Financial Market Institutions and EMU - Duncan Maclennan, John Muellbauer and Mark Stephens
Markets and Using Finance - Veronica Warnock and Francis Warnock
Mortgage Choice: What's the Point? - Richard Stanton and Nancy Wallace
Credit Scoring and Mortgage Securization: Implications for Mortgage Rates and Credit Availability - Andrea Heuson, Wayne Passmore and Roger Sparks
Just the Facts: An Initial Analysis of Subprime's Role in the Housing Crisis - Christopher Foote, Kristopher Gerardi and Paul Willen
Understanding the Subprime Mortgage Crisis - Yuliya Demyanyk and Otto Van Hemert
Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options - Yongheng Deng, John Quigley, and Robert van Order
Hedging Housing Risk - Peter Englund, Min Hwang and John Quigley
Owner-Occupied Housing as a Hedge Against Rent Risk - Todd Sinai and Nichola Souleles
Index Revision, House Price Risk and the Market for House Price Derivatives - Yongheng Deng and John Quigley
Moral Hazard in Home Equity Insurance - Robert Shiller and Allan Weiss
Comparing Wealth Effects: The Stock Market versus the Housing Market - Karl Case, John Quigley and Robert Shiller
House Prices, Money, Credit and the Macroeconomy - Charles Goodhart and Boris Hofmann
VOLUME 3: PRICE DYNAMICS, METHODOLOGICAL
Hedonic Pricing Models: A Selective and Applied Review - Stephen Malpezzi
Capitalising the Value of Free Schools: The Impact of Supply Characteristics and Uncertainty - Paul Cheshire and Stephen Sheppard
Housing Market Dynamics and the Future of Housing Prices - Denice Di Pasquale and William Wheaton
House Price Dynamics: A Survey of Theoretical and Empirical Issues - Man Cho
Booms and Busts in the UK Housing Market - John Muellbauer and Anthony Murphy
Is there a Bubble in the Housing Market? - Karl Case and Robert Shiller
Assessing High House Prices: Bubbles, Fundamentals and Misperceptions - Charles Himmelberg, Christopher Mayer and Todd Sinai
Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints - Francois Ortalo-Magne and Sven Rady
Where are the Speculative Bubbles in US Housing Markets? - Allen Goodman and Thomas Thidobeau
The Story and the Model Done: An Evaluation of Mathematical Models of Rent Control - Hans Lind
Social Behaviour as a Basis for Modelling the Urban Housing Market: A Review - David Meen and Geoffrey Meen
Economics and Underdetermination: A Case Study of Urban Land and Housing Economics - Robert McMaster and Craig Watkins
A Random Walk Down Maple Lane? A Critique of Neoclassical Consumption Theory with Reference to Housing Wealth - Greg Hannsgen
VOLUME 4: HOUSING IN CONTEXT
Urban Spatial Structure - Alex Anas, Richard Arnott and Kenneth Small
Why Is Central Paris Rich And Downtown Detroit Poor? An Amenity-Based Theory - Jan Brueckner, Jaques-Francois Thisse and Yves Zenou
Urban Decline and Durable Housing - Edward Glaeser and Joseph Gyourko
The Welfare Economics of Land Use Planning - Paul Cheshire and Stephen Sheppard
Housing Prices, Externalities and Regulation in US Metropolitan Areas - Stephen Malpezzi
The Mechanisms of Spatial Mismatch - Laurent Gobillin, Harris Selod and Yves Zenou
On the Aggregate Housing Market Implications of Labour Market Change - Geofffrey Meen and Mark Andrew
The Nature of the Neighbourhood - Chris Webster
Incentives and Social Capital: Are Homeowners Better Citizens? - Denice Di Pasquale and Edward Glaeser
The Social and Private Microlevel Consequences of Homeownership - Robert Dietz and Donald Haurin
Does Homeownership Affect Child Outcomes? - Donald Haurin, Toby Parcel and Jean Haurin
Price Discrimination in the Housing Market - Keith Ihlanfeldt and Tom Mayock
Homeless in America, Homeless in California - John M Quigley, Steven Raphael, and Eugene Smolensky
VOLUME 5: GOVERNMENT, POLICY AND CONTEMPORARY DEVELOPMENTS
Taxing Residential Housing Capital - Peter Englund
Should Policy Makers Strive for Neighbourhood Social Mix? An Analysis of the Western European Evidence Base - George Galster
In Defence of Greater Agnosticism: A Response to Galster - Judith Yates and Christine Whitehead
The Misallocation of Housing Under Rent Control - Edward L Glaeser and Erzo Luttmer
A Review of Empirical Evidence on the Costs and Benefits of Rent Control - Bengt Turner and Stephen Malpezzi
Time for Revisionism on Rent Control? - Richard Arnott
Does Housing Assistance Perversely Affect Self-Sufficiency? A Review Essay - Mark Shroder
The Long-Run Decline in Employment Participation for Australian Public Housing Tenants: An Investigation - Gavin Wood, Rachel Ong and Alfred Dockery
The Future of Social Housing: Key Economic Questions - Duncan Maclennan and Alison More
Transfers, Contracts and Regulation: A New Institutional Economics Perspective on Changing Provision of Social Housing in Britain - Kenneth Gibb and Christian Nygaard
Modelling Choice in the Social Rented Sector: A Stated Preference Approach - Bruce Walker, Mark Wardman, Alex Marsh and Pat Niner
Comparing Demand Side and Supply-Side Housing Policies: Submarket and Spatial Perspectives - George Galster
Policies for Mixed Communities: Faith-Based Displacement Activity? - Paul Cheshire
Discrete Choice Modeling Of Urban Housing Markets: A Critical Review and Application - Judith Yates and Daniel Mackay
Surprise and Housing Tenure Decisions in Great Britain - John Ermisch and Pamela Di Salvo
Housing Market Segmentation - Allen Goodman and Thomas Thibodeau
Structural Change in a Local Urban Housing Market - Chris Jones, Chris Leishman and Craig Watkins
Estimating Equilibrium Housing Demand for 'Stayers' - Allen Goodman
Urban Housing Markets: Theory and Policy - Christine Whitehead
Contracting With Costly Tenants - Franz Hubert
The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com - Igal Hendel, Aviv Nevo and Francois Ortalo-Magne
Loss Aversion and Seller Behaviour: Evidence from the Housing Market - David Genesove and Christopher Mayer
Mistake GBP37: The Effect of Previously Encountered Prices on Current Housing Demand - Uri Simonsohn and George Loewenstein
Markets and the Structure of the Housebuilding Industry: An International Perspective - Michael Ball
The Long-Run Price Elasticity of Supply of New Residential Construction in the United States and the United Kingdom - Stephen Malpezzi and Duncan Maclennan
Urban Growth and Housing Supply - Edward Glaeser, Joesph Gyourko and Raven Saks
VOLUME 2: HOUSING FINANCE
Asymmetries in Housing and Financial Market Institutions and EMU - Duncan Maclennan, John Muellbauer and Mark Stephens
Markets and Using Finance - Veronica Warnock and Francis Warnock
Mortgage Choice: What's the Point? - Richard Stanton and Nancy Wallace
Credit Scoring and Mortgage Securization: Implications for Mortgage Rates and Credit Availability - Andrea Heuson, Wayne Passmore and Roger Sparks
Just the Facts: An Initial Analysis of Subprime's Role in the Housing Crisis - Christopher Foote, Kristopher Gerardi and Paul Willen
Understanding the Subprime Mortgage Crisis - Yuliya Demyanyk and Otto Van Hemert
Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options - Yongheng Deng, John Quigley, and Robert van Order
Hedging Housing Risk - Peter Englund, Min Hwang and John Quigley
Owner-Occupied Housing as a Hedge Against Rent Risk - Todd Sinai and Nichola Souleles
Index Revision, House Price Risk and the Market for House Price Derivatives - Yongheng Deng and John Quigley
Moral Hazard in Home Equity Insurance - Robert Shiller and Allan Weiss
Comparing Wealth Effects: The Stock Market versus the Housing Market - Karl Case, John Quigley and Robert Shiller
House Prices, Money, Credit and the Macroeconomy - Charles Goodhart and Boris Hofmann
VOLUME 3: PRICE DYNAMICS, METHODOLOGICAL
Hedonic Pricing Models: A Selective and Applied Review - Stephen Malpezzi
Capitalising the Value of Free Schools: The Impact of Supply Characteristics and Uncertainty - Paul Cheshire and Stephen Sheppard
Housing Market Dynamics and the Future of Housing Prices - Denice Di Pasquale and William Wheaton
House Price Dynamics: A Survey of Theoretical and Empirical Issues - Man Cho
Booms and Busts in the UK Housing Market - John Muellbauer and Anthony Murphy
Is there a Bubble in the Housing Market? - Karl Case and Robert Shiller
Assessing High House Prices: Bubbles, Fundamentals and Misperceptions - Charles Himmelberg, Christopher Mayer and Todd Sinai
Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints - Francois Ortalo-Magne and Sven Rady
Where are the Speculative Bubbles in US Housing Markets? - Allen Goodman and Thomas Thidobeau
The Story and the Model Done: An Evaluation of Mathematical Models of Rent Control - Hans Lind
Social Behaviour as a Basis for Modelling the Urban Housing Market: A Review - David Meen and Geoffrey Meen
Economics and Underdetermination: A Case Study of Urban Land and Housing Economics - Robert McMaster and Craig Watkins
A Random Walk Down Maple Lane? A Critique of Neoclassical Consumption Theory with Reference to Housing Wealth - Greg Hannsgen
VOLUME 4: HOUSING IN CONTEXT
Urban Spatial Structure - Alex Anas, Richard Arnott and Kenneth Small
Why Is Central Paris Rich And Downtown Detroit Poor? An Amenity-Based Theory - Jan Brueckner, Jaques-Francois Thisse and Yves Zenou
Urban Decline and Durable Housing - Edward Glaeser and Joseph Gyourko
The Welfare Economics of Land Use Planning - Paul Cheshire and Stephen Sheppard
Housing Prices, Externalities and Regulation in US Metropolitan Areas - Stephen Malpezzi
The Mechanisms of Spatial Mismatch - Laurent Gobillin, Harris Selod and Yves Zenou
On the Aggregate Housing Market Implications of Labour Market Change - Geofffrey Meen and Mark Andrew
The Nature of the Neighbourhood - Chris Webster
Incentives and Social Capital: Are Homeowners Better Citizens? - Denice Di Pasquale and Edward Glaeser
The Social and Private Microlevel Consequences of Homeownership - Robert Dietz and Donald Haurin
Does Homeownership Affect Child Outcomes? - Donald Haurin, Toby Parcel and Jean Haurin
Price Discrimination in the Housing Market - Keith Ihlanfeldt and Tom Mayock
Homeless in America, Homeless in California - John M Quigley, Steven Raphael, and Eugene Smolensky
VOLUME 5: GOVERNMENT, POLICY AND CONTEMPORARY DEVELOPMENTS
Taxing Residential Housing Capital - Peter Englund
Should Policy Makers Strive for Neighbourhood Social Mix? An Analysis of the Western European Evidence Base - George Galster
In Defence of Greater Agnosticism: A Response to Galster - Judith Yates and Christine Whitehead
The Misallocation of Housing Under Rent Control - Edward L Glaeser and Erzo Luttmer
A Review of Empirical Evidence on the Costs and Benefits of Rent Control - Bengt Turner and Stephen Malpezzi
Time for Revisionism on Rent Control? - Richard Arnott
Does Housing Assistance Perversely Affect Self-Sufficiency? A Review Essay - Mark Shroder
The Long-Run Decline in Employment Participation for Australian Public Housing Tenants: An Investigation - Gavin Wood, Rachel Ong and Alfred Dockery
The Future of Social Housing: Key Economic Questions - Duncan Maclennan and Alison More
Transfers, Contracts and Regulation: A New Institutional Economics Perspective on Changing Provision of Social Housing in Britain - Kenneth Gibb and Christian Nygaard
Modelling Choice in the Social Rented Sector: A Stated Preference Approach - Bruce Walker, Mark Wardman, Alex Marsh and Pat Niner
Comparing Demand Side and Supply-Side Housing Policies: Submarket and Spatial Perspectives - George Galster
Policies for Mixed Communities: Faith-Based Displacement Activity? - Paul Cheshire